A trial balance contains the balances of ______________________.

Only personal and real accounts

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Only real and nominal accounts

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Only nominal and personal accounts

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All accounts

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Solution

The correct option is D All accounts
Trial Balance is a statement which lists all the balances of the Real, Personal and Nominal Account irrespective of Capital or Revenue account. It contains two columns debit and credit.

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A trial balance contains the balances of ______________________.

The correct option is D All accountsTrial Balance is a statement which lists all the balances of the Real, Personal and Nominal Account irrespective of Capital or Revenue account. It contains two columns debit and credit.

The correct option is D All accounts
Trial Balance is a statement which lists all the balances of the Real, Personal and Nominal Account irrespective of Capital or Revenue account. It contains two columns debit and credit.